Best Insurance Management Software Solutions

What is Insurance Management Software?

Insurance Management Software facilitates the administration and management of insurance policies, claims, and underwriting processes, helping streamline operations and improve customer satisfaction.

The top 5 Insurance Management Software solutions are Vertafore Reference Contact, Agency Advantage, INSILLION, InsureEdge and SchemeServe, as ranked by PeerSpot users in August 2025. Vertafore Reference Contact received the highest rating of 0.0 among the leaders. InsureEdge is the most popular solution in terms of searches by peers, and Agency Advantage holds the largest mind share of 27.2%.

Insurance Management Software offers robust features for automating workflows, tracking claims, managing policies, and ensuring compliance with regulations. Key functionalities might also include integration with financial systems, customization options, and real-time reporting.

What are the critical features of Insurance Management Software?

Claims Management: Streamlines the processing and settlement of claims.
Policy Administration: Manages policy creation, renewal, and cancellation.
Document Management: Organizes and retrieves necessary documents efficiently.
Compliance Tracking: Ensures adherence to industry standards and legal requirements.
Customer Portal: Offers clients self-service access to their insurance information.

What benefits or ROI should users look for when evaluating Insurance Management Software?

Operational Efficiency: Reduces manual processes and paperwork.
Improved Accuracy: Minimizes errors in claims and policy management.
Cost Savings: Cuts administrative costs through automation.
Enhanced Customer Satisfaction: Provides better service experience for policyholders.
Data-Driven Decisions: Offers insights through advanced reporting and analytics.

Insurers in healthcare, automotive, and property sectors implement Insurance Management Software to better handle policyholder information, streamline claims processing, and remain compliant with industry regulations. Solutions are tailored to specific needs, ensuring efficient operations in different contexts.

Insurance Management Software is helpful for organizations as it automates complex tasks, improves accuracy, and helps in customer management, making insurance operations more efficient and customer-friendly.

Insurance Management Software solutions mindshare

As of September 2025, in the Insurance Management Software category, the mindshare of Vertafore Reference Contact is 26.8%, up from 9.4% compared to the previous year. The mindshare of SchemeServe is 7.0%, down from 9.4% compared to the previous year. The mindshare of Agency Advantage is 27.2%. It is calculated based on PeerSpot user engagement data.

Insurance Management Software Market Share Distribution
Product	Market Share (%)
Agency Advantage	27.2%
Vertafore Reference Contact	26.8%
SchemeServe	7.0%
Other	39.0%

Insurance Management Software

Top Insurance Management Software products

Rankings through

#1 Ranked

Vertafore Reference Contact

Vertafore ReferenceConnect is a comprehensive, online content platform, with publications from publishers that are centralized in one location. ReferenceConnect enables agencies to win and retain clients and write complex lines of business confidently, and allows carriers to ensure compliance among underwriters and processors. Carriers using ReferenceConnect are able to respond to their agency producers when writing new business while Agencies using ReferenceConnect enables to customize the library for each department's needs and business focus. The revolutionized search feature is optimized to respond with additional relevant content equiped with innovative navigation.

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Agency Advantage

Agency Advantage provides the following features: Complete customer file management from your PC keyboard, Real time, Electronic document management, Seamless agency accounting, Interface to your favorite comparative rating software and ACORD forms.

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INSILLION

INSILLION provides a seamless platform for data analytics, transforming complex data into actionable insights. Its strengths lie in its intuitive navigation and robust performance. However, there is room for improvement in customer support and integration with emerging technologies. Its adaptability makes it suitable for diverse use cases.

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InsureEdge

InsureEdge, a scalable, customizable, and powerful insurance policy and claims management software is designed to help insurance agencies and carriers manage routine operations such as customer onboarding, policy administration, claims management and payment with added efficiency, accuracy, and competence. The comprehensive insurance software can help insurers unlock productivity while saving time and money. The one-stop solution offers access to all the facets of the insurance business including claims, policy, quotes, rating, billing, reinsurance, reporting, and more.

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SchemeServe

SchemeServe offers Insurance Websites for Desktop & Mobile providing a dedicated Product Tailor for assistance who will connect the users with SchemeServe designers, Search Engine and/or Social Media experts. It creates a Distribution Pyramid, a multi-tier networks of branded portals which form the foundation, the sales funnels and the search-engine machine for the enterprise. SchemeServe stores virtually unlimited documents securely online, record voice calls, images and other file types within your customer records and uses existing workflows to create documents or call your dedicated Product Tailor. SchemeServe uses Data Intelligence & Reports and can receive reports by email or export to Excel or XML. SchemeServe already supporting hundreds of third-party modules & integrations.

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Eurobase Synergy

Comprehensive underwriting support system for insurance and reinsurance companies.

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Next Insurance

Our business insurance gives you the confidence to take smart risks with your business; the kind that’ll take you to the next level. So whether you’re just starting out or looking to bring on a team of 20, NEXT will help get you there.

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PCMS Atlas

Atlas is a complete, paperless office solution designed for chiropractic offices. It handles billing, scheduling, treatment and care tracking, patient education and retention, clinic reporting, soap notes and much more. With a variety of innovative features including our new apps Atlas will not only help you save time but help grow your practice. Atlas is extremely customizable and the reason why Atlas serves small to large volume clinics with every type of practice style and philosophy.

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AgentSync

AgentSync empowers insurance carriers, agencies, and MGAs to unleash operational efficiencies, reduce risk, and fuel growth. Drive distribution channel productivity and agent loyalty through frictionless producer management. Improve sales efficiency and effectiveness through improved data visibility. Decrease costs and increase sales productivity by automating producer compliance management.

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QuoteWell

Utilizing technology in our submission and marketing process allows independent agents to remove repetition and not waste time or effort. Helping independent agents minimize work by providing them with “speed to answer” – even if the answer is “no” – so they're able to accelerate their policy marketing process. Independent agents deserve to know where their submission stands so that they can be prepared to move forward or pivot to another option. We'll help keep you informed and ready.

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Vitaminise

Vitaminise is designed for middle and large enterprises seeking enhanced efficiency and streamlined processes. It stands out with its integration capabilities and performance metrics, while it has opportunities for improvement in its adaptability to rapidly changing industry standards.

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Gradient AI

Gradient AI enhances risk assessment through predictive analytics, offering key features like data integration and automated processes. It efficiently streamlines underwriting and claims management. Some users note room for improvement in reporting capabilities. Overall, Gradient AI effectively addresses insurance industry challenges.

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Novidea

Novidea is the creator of the first born-in-the-cloud, data-driven insurance platform that enables brokers, agents and MGAs to manage the customer insurance journey end-to-end and drive growth across the entire insurance distribution lifecycle.

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BrokerEdge

BrokerEdge by Damco is a full-fledged, end-to-end insurance broker software. It helps brokers from all lines of insurance unlock the power and potential of automation and connectivity. Designed to help brokers work more efficiently, productivity, and accurately, BrokerEdge benefits customers, brokers, and insurance agencies- all at the same time. Brokers can leverage the centralized platform to automate and simplify day-to-day workflows like customer database maintenance, lead tracking, policy updating, and more. Apart from modules for automated marketing, lead management, commission tracking, and policy administration, the leading insurance broker software also boasts a cutting-edge customer service portal and mobile application to offer unmatched scalability and flexibility. The capabilities offered by BrokerEdge will not just drive the bottom line but also remove bottlenecks and ensure seamless workflows.

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InsureCRM

Damco’s InsureCRM is a comprehensive insurance customer relationship management software that helps businesses across the industry in managing relationships and interactions with customers and prospects. Damco's CRM insurance software automates and streamlines various processes related to sales, marketing, and customer service. InsureCRM offers better visibility of prospects in the sales funnel and automates sales at every stage of the CRM funnel to enhance efficiency and drive more sales.

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Sixfold

Sixfold offers real-time visibility to enhance the efficiency of logistics operations. It provides accurate tracking and predictive insights, making it an essential tool for businesses seeking to optimize transport processes.

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ELEMENT

ELEMENT, the digital insurance of tomorrow. Rethinking insurance today! With modern technology and a smart approach to data, we make it possible for insurance to be 100% digital. ELEMENT's product engine allows partners to offer bespoke insurance products for a range of different use-cases and risks, which can be white-labelled (or not).

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COVU

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Shory

Shory aids collaboration with seamless project management and real-time communication features, enhancing team productivity. Users appreciate the ease of task tracking and document sharing. However, others note that integration with external tools could be improved and customization options can be limited for specific workflows.

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vBots

vBots streamlines automation tasks by assisting organizations with workflow management and data processing. It features user-friendly functionality and versatile integration options. Some users notice areas for improvement in customer support and occasional response delays, suggesting potential enhancements to further optimize its utility.

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